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Pricing

2022
Flag → Flag
Exports $75.8MRnk 78 / 217
2022
Flag → Flag
Top Product $22MPackaged Medicaments
2022
Flag → Flag
Exports $348kRnk 54 / 101
2022
Flag → Flag
Top Product $57kRice
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 7 / 124
2022
Flag
Economic Complexity (ECI) ECI -0.99Rnk 104 / 124
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
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GDP GROWTH21.2%CURRENT US$
Rnk 118 / 186
2022
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GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186
2022
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GDP PC$5,937CURRENT US$
Rnk 104 / 186
2012-2022
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GDP PC GROWTH-7.77%CURRENT US$
Rnk 158 / 186

About

Sweden-Iraq In 2022, Sweden exported $75.8M to Iraq. The main products that Sweden exported to Iraq are Packaged Medicaments ($22M), Antiknock ($16.8M), and Gas Turbines ($4.71M). During the last 27 years the exports of Sweden to Iraq have increased at an annualized rate of 16.9%, from $1.13M in 1995 to $75.8M in 2022.

In 2022, Sweden did not export any services to Iraq.

Iraq-Sweden In 2022, Iraq exported $348k to Sweden. The main products that Iraq exported to Sweden were Rice ($57k), Other Processed Fruits and Nuts ($53.3k), and Valves ($25.9k). During the last 27 years the exports of Iraq to Sweden have increased at an annualized rate of 12.8%, from $13.5k in 1995 to $348k in 2022.

In 2022, Iraq did not export any services to Sweden.

Comparison In 2022,  Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B). That same year, Iraq ranked 104 in the Economic Complexity Index (ECI -0.99), and 36 in total exports ($123B).

Latest Trends

December, 2023

About

Overview In December 2023, Sweden exported SEK87.6M and imported SEK113k from Iraq, resulting in a positive trade balance of SEK87.5M. Between December 2022 and December 2023 the exports of Sweden have increased by SEK56M (177%) from SEK31.6M to SEK87.6M, while imports increased by SEK63k (126%) from SEK50k to SEK113k.

Trade In December 2023, the top exports of Sweden to Iraq were Packaged Medicaments (SEK40.4M), Antiknock (SEK7.82M), Electric Batteries (SEK7.77M), Liquid Pumps (SEK6.43M), and Sulfate Chemical Woodpulp (SEK2.08M). In December 2023 the top imports of Sweden from Iraq were Processed Tomatoes (SEK160k), Tissue (SEK66k), Rice (SEK34k), Other Oily Seeds (SEK21k), and Jewellery (SEK5k).

Growth In December 2023, the increase in Sweden's year-by-year exports to Iraq was explained primarily by an increase in product exports in Electric Batteries (SEK7.51M or 2.85k%), Liquid Pumps (SEK6.37M or 9.65k%), and Packaged Medicaments (SEK3.13M or 8.39%). In December 2023, the increase in Sweden's year-by-year imports  from Iraq was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)SEK56M(177%)
IMPORT GROWTH (December 2022 - December 2023)SEK63k(126%)

This section shows exports and imports data at subnational level for Sweden. Click any date in the line plot or any product to explore the exports or imports behavior of Sweden over time.

To check Iraq and Sweden trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $75.8M to Iraq. The main products exported from Sweden to Iraq were Packaged Medicaments ($22M), Antiknock ($16.8M), and Gas Turbines ($4.71M). During the last 27 years the exports of Sweden to Iraq have increased at an annualized rate of 16.9%, from $1.13M in 1995 to $75.8M in 2022.

In 2022, Iraq exported $348k to Sweden. The main products exported from Iraq to Sweden were Rice ($57k), Other Processed Fruits and Nuts ($53.3k), and Valves ($25.9k). During the last 25 years the exports of Iraq to Sweden have increased at an annualized rate of 12.8%, from $13.5k in 1997 to $348k in 2022.

Exports from Sweden (Flag) to Iraq (Flag) (2022)

Exports from Iraq (Flag) to Sweden (Flag) (2022)

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Iraq
Top DestinationIndia$38.8B

This map shows whether countries import more from Sweden or Iraq. Each country is colored based on the difference in imports they receive from Sweden and Iraq or the difference in the growth in imports.

In 2021, countries that imported more from Sweden than Iraq were Norway ($18.7B), Germany ($19.2B), and Denmark ($14.6B).

In 2021, countries that imported more from Iraq than Sweden were India ($38.8B), China ($34B), and South Korea ($8.21B).

Difference in imports from Iraq (Flag) and Sweden (Flag) (2022)

Comparative Advantage Sweden - Iraq

Flow
Scale

This chart compares trade between Sweden and Iraq by product, considering products traded by both, Sweden and Iraq.

During 2022, Sweden had a large net trade with Iraq in the exports of Chemical Products ($41.5M), Machines ($17.8M), and Instruments ($6.95M).

During 2022, Iraq had a large net trade with Sweden in the exports of Vegetable Products ($128k), Foodstuffs ($81.7k), and Machines ($40.9k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Sweden has comparative advantage over Iraq. Similarly, the more yellow a dot/product is, the more Iraq has comparative advantage over Sweden.

Product Space of Sweden (Flag) and Iraq (Flag) (2022)

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